MPP
ActiveSummary
MPP has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €198k and a net result of €41k. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability54▲+1
Solvency55▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.51 in 2023; short-term debt: 6.6% and cash: 4.1% of total assets), and 69.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
on the day
2022
2 d early
2021
on the day
2020
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€41k▼ 1.2%
2023 · €41k
2020: €13klowest in 5 years
2021: €131k▲ +920% vs 2020highest in 5 years
2022: €44k▼ -66.1% vs 2021
2023: €41k▼ -7.4% vs 2022
2024: €41k▼ -1.2% vs 2023
2020 → 2024
Working capital
€9k▼ 67.0%
2023 · €29k
2020: €-280klowest in 5 years
2021: €-168k▲ +40.0% vs 2020
2022: €-147k▲ +12.6% vs 2021
2023: €29k▲ +120% vs 2022highest in 5 years
2024: €9k▼ -67.0% vs 2023
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€23k-€154k▲ 573%€198k▲ 28.9%€198k=€198k=
2020: €23klowest in 5 years
2021: €154k▲ +573% vs 2020
2022: €198k▲ +28.9% vs 2021highest in 5 years
2023: €198k● 0.0% vs 2022highest in 5 years
2024: €198k● 0.0% vs 2023highest in 5 years
Operating result€40k-€76k▲ 88.5%€80k▲ 5.5%€75k▼ 6.9%€73k▼ 1.8%
2020: €40klowest in 5 years
2021: €76k▲ +88.5% vs 2020
2022: €80k▲ +5.5% vs 2021highest in 5 years
2023: €75k▼ -6.9% vs 2022
2024: €73k▼ -1.8% vs 2023
Net result€13k-€131k▲ 920%€44k▼ 66.1%€41k▼ 7.4%€41k▼ 1.2%
2020: €13klowest in 5 years
2021: €131k▲ +920% vs 2020highest in 5 years
2022: €44k▼ -66.1% vs 2021
2023: €41k▼ -7.4% vs 2022
2024: €41k▼ -1.2% vs 2023
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 2% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €657k
Fixed assets
€604k ▼ 0.1%
Current assets
€53k ▼ 37.5%
Equity and liabilities €657k
Equity
€198k =
Provisions
€416k ▼ 4.6%
Debt
€44k ▼ 22.4%
Debt's share of the balance-sheet total falls from 8.1% to 6.6%. Debt is lower.
Key figures and ratios
EBITDA
€74k▼
2023 · €75k
Cash flow
€41k▼
2023 · €42k
Current ratio
1.22▼
2023 · 1.51
Debt to equity
0.22▼
2023 · 0.28
ROE
20.5%▼
2023 · 20.8%
ROA
6.2%▲
2023 · 6.0%
Interest coverage
3.25▼
2023 · 3.26
Debt ≤ 1 year
€44k▼
2023 · €56k
Income taxes
€12k▼
2023 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€690k€657k▼
Fixed assets21/28€605k€604k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€602k€602k=
Current assets29/58€85k€53k▼
Amounts receivable within one year40/41€35k€26k▼
Other amounts receivable41€35k€26k▼
Cash at bank and in hand54/58€50k€27k▼
Equity and liabilities
Total equity and liabilities10/49€690k€657k▼
Equity10/15€198k€198k=
Contributions10/11€10k€10k=
Profit (loss) carried forward14€188k€188k=
Provisions and deferred taxes16€436k€416k▼
Provisions for liabilities and charges160/5€436k€416k▼
Pensions and similar obligations160-€416k
Other liabilities and charges164/5€436k-
Amounts payable17/49€56k€44k▼
Amounts payable within one year42/48€56k€44k▼
Trade debts44€960€97▼
Suppliers440/4€960€97▼
Taxes, remuneration and social security45€20k€9k▼
Taxes450/3€20k€9k▼
Other amounts payable47/48€35k€35k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€826€826=
Other operating charges640/8€960€982▲
Gross operating margin9900€76k€75k▼
Operating profit (loss)9901€75k€73k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€23k€23k▼
Recurring financial charges65€23k€23k▼
Profit (loss) for the period before taxes9903€53k€52k▼
Income taxes67/77€12k€12k▼
Profit (loss) for the period9904€41k€41k▼
Profit (loss) for the period to be appropriated9905€41k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€229k€229k▼
Profit (loss) brought forward from the previous period14P€188k€188k=
Profit to be distributed694/7€41k€41k▼
Return on contributions (dividend)694€41k€41k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €168 | €826 | €826 | = |
| Other operating charges640/8 | - | €3k | €868 | €960 | €982 | ▲ 2.2% |
| Gross operating margin9900 | €41k | €79k | €81k | €76k | €75k | ▼ 1.8% |
| Operating profit (loss)9901 | €40k | €76k | €80k | €75k | €73k | ▼ 1.8% |
| Financial income75/76B | - | €91k | - | €2k | €2k | ▲ 2.6% |
| Recurring financial income75 | - | €91k | - | €2k | €2k | ▲ 2.6% |
| Financial charges65/66B | - | €24k | €24k | €23k | €23k | ▼ 1.5% |
| Recurring financial charges65 | €21k | €24k | €24k | €23k | €23k | ▼ 1.5% |
| Non-recurring financial charges66B | - | €25 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €19k | €143k | €57k | €53k | €52k | ▼ 1.8% |
| Income taxes67/77 | €7k | €12k | €12k | €12k | €12k | ▼ 4.0% |
| Profit (loss) for the period9904 | €13k | €131k | €44k | €41k | €41k | ▼ 1.2% |
| Profit (loss) for the period to be appropriated9905 | €13k | €131k | €44k | €41k | €41k | ▼ 1.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €835k | €836k | €838k | €690k | €657k | ▼ 4.7% |
| Fixed assets21/28 | €797k | €797k | €801k | €605k | €604k | ▼ 0.1% |
| Tangible fixed assets22/27 | - | - | €4k | €3k | €2k | ▼ 26.3% |
| Furniture and vehicles24 | - | - | €4k | €3k | €2k | ▼ 26.3% |
| Financial fixed assets28 | €797k | €797k | €797k | €602k | €602k | = |
| Current assets29/58 | €38k | €39k | €38k | €85k | €53k | ▼ 37.5% |
| Amounts receivable within one year40/41 | €3k | €22k | €2 | €35k | €26k | ▼ 26.7% |
| Trade receivables40 | - | €22k | - | - | - | - |
| Other amounts receivable41 | - | €22 | €2 | €35k | €26k | ▼ 26.7% |
| Cash at bank and in hand54/58 | €35k | €17k | €38k | €50k | €27k | ▼ 45.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €835k | €836k | €838k | €690k | €657k | ▼ 4.7% |
| Equity10/15 | €23k | €154k | €198k | €198k | €198k | = |
| Contributions10/11 | - | €10k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €13k | €144k | €188k | €188k | €188k | = |
| Provisions and deferred taxes16 | €494k | €475k | €455k | €436k | €416k | ▼ 4.6% |
| Provisions for liabilities and charges160/5 | - | €475k | €455k | €436k | €416k | ▼ 4.6% |
| Pensions and similar obligations160 | - | - | - | - | €416k | - |
| Other liabilities and charges164/5 | - | €475k | €455k | €436k | - | - |
| Amounts payable17/49 | €318k | €207k | €185k | €56k | €44k | ▼ 22.4% |
| Amounts payable within one year42/48 | €318k | €207k | €185k | €56k | €44k | ▼ 22.4% |
| Trade debts44 | €24k | - | - | €960 | €97 | ▼ 89.9% |
| Suppliers440/4 | - | - | - | €960 | €97 | ▼ 89.9% |
| Taxes, remuneration and social security45 | - | €14k | €19k | €20k | €9k | ▼ 55.7% |
| Taxes450/3 | - | €14k | €19k | €20k | €9k | ▼ 55.7% |
| Other amounts payable47/48 | - | €193k | €165k | €35k | €35k | ▼ 1.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €131k | €44k | €41k | €41k | ▼ 1.2% |
| + Depreciation and write-downs630 | - | - | €168 | €826 | €826 | = |
| Operating cash flow (approximation) | €13k | €131k | €45k | €42k | €41k | ▼ 1.2% |
| Investment in fixed assets (approximation) | - | €0 | €-4k | €195k | €0 | ▼ 100% |
| Change in cash | - | €-18k | €21k | €12k | €-22k | ▼ 285% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 7current ratio 1.51
Current ratio from 0.20 to 1.51; short-term debt falls from €185k to €56k.
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2020net €131k ▲920%
Net result €131k, the highest in the series.
31-12
Financial
Equity above €150kEq €154k ▲573%
2 profitable years in a row build equity to €154k.
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aywaille · 1 establishment unit since 2020
Ground area
3,033 m²
Building footprint
2,595 m²
Parcel 62009D0223/00W000, Wallonia. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
MPP
since 20202.299.780.423
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62009D0223/00W000 | Wallonia | 3,033 m² | 1 · 2,595 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,111 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.